BENEFITS PAYABLE (Tables)

3 Months Ended

Mar. 31, 2018

Insurance [Abstract]

Activity in Benefits Payable

Activity in benefits payable for our Group and Specialty segment, excluding military services, was as follows for the three months ended March 31, 2018 and 2017:

	For the three months ended March 31,
	2018			2017
	(in millions)
Balances, beginning of period	$	568		$	578
Incurred related to:
Current year	1,307			1,306
Prior years	(34		)	(20		)
Total incurred	1,273			1,286
Paid related to:
Current year	(802		)	(824		)
Prior years	(463		)	(493		)
Total paid	(1,265		)	(1,317		)
Balances, end of period	$	576		$	547

On a consolidated basis, activity in benefits payable, excluding military services, was as follows for the three months ended March 31, 2018 and 2017:

	For the three months ended March 31,
	2018			2017
	(in millions)
Balances, beginning of period	$	4,668		$	4,563
Less: Reinsurance recoverables	(70		)	(76		)
Balances, beginning of period, net	4,598			4,487
Incurred related to:
Current year	11,947			11,580
Prior years	(267		)	(231		)
Total incurred	11,680			11,349
Paid related to:
Current year	(7,775		)	(7,695		)
Prior years	(3,619		)	(3,451		)
Total paid	(11,394		)	(11,146		)
Reinsurance recoverable	77			71
Balances, end of period	$	4,961		$	4,761

Activity in benefits payable for our Retail segment was as follows for the three months ended March 31, 2018 and 2017:

	For the three months ended March 31,
	2018			2017
	(in millions)
Balances, beginning of period	$	3,963		$	3,507
Less: Reinsurance recoverables	(70		)	(76		)
Balances, beginning of period, net	3,893			3,431
Incurred related to:
Current year	10,739			10,255
Prior years	(187		)	(204		)
Total incurred	10,552			10,051
Paid related to:
Current year	(7,119		)	(7,014		)
Prior years	(3,082		)	(2,572		)
Total paid	(10,201		)	(9,586		)
Reinsurance recoverable	77			71
Balances, end of period	$	4,321		$	3,967

Activity in benefits payable for our Individual Commercial segment was as follows for the three months ended March 31, 2018 and 2017:

	For the three months ended March 31,
	2018			2017
	(in millions)
Balances, beginning of period	$	101		$	454
Incurred related to:
Current year	—			195
Prior years	(44		)	(6		)
Total incurred	(44		)	189
Paid related to:
Current year	—			(59		)
Prior years	(29		)	(363		)
Total paid	(29		)	(422		)
Balance, end of period	$	28		$	221

Benefit Expenses Excluded From Activity in Benefits Payable

Benefits expense excluded from the previous table was as follows for the three months ended March 31, 2018 and 2017.

	For the three months ended March 31,
	2018			2017
	(in millions)
Future policy benefits:
Individual Commercial	$	(16	)	$	(33	)
Other Businesses	6			10
Total future policy benefits	$	(10	)	$	(23	)

Schedule Of Benefits Payable

The reconciliation of the net incurred and paid claims development tables to benefits payable in the consolidated

statement of financial position is as follows:

Reconciliation of the Disclosure of Incurred and Paid Claims Development to Benefits Payable, net of reinsurance
	March 31,
	2018
Net outstanding liabilities
Retail	$	4,244
Group and Specialty	576
Individual Commercial	28
Other Businesses	36
Benefits payable, net of reinsurance	4,884
Reinsurance recoverable on unpaid claims
Retail	77
Total reinsurance recoverable on unpaid claims	77
Total benefits payable, gross	$	4,961